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By Garrett Byrd Storage Authority Franchise In self-storage, the best opportunity isn’t always building something new. Sometimes, it’s buying an existing facility for less than it would cost to build a comparable property today. That’s the idea behind buying below replacement cost. But the real opportunity goes beyond the purchase price. What Does Below Replacement Cost Mean? Replacement cost is what it would cost to acquire comparable land and build a similar facility today,

Finding a self-storage facility isn't the hardest part; it’s knowing what to do the moment you find it. Most investors lose money after finding a deal by overpaying, skimping on due diligence, or launching without a clear operations and marketing roadmap. If you weren't able to catch our recent live masterclass with the Storage Authority experts, don't worry, the complete replay is now available to watch on demand! What You’ll Learn in the Masterclass Whether you are under co

By Garrett Byrd Storage Authority Franchise What if the self-storage facility that fits your buy box is not perfect? Maybe occupancy is low. Rents are below market. Marketing is weak. Technology is outdated. The property needs work. Or the current owner simply stopped doing the things necessary to maximize the facility's potential. That does not necessarily make it a bad acquisition. It may be the opportunity. The challenge is financing both the acquisition and the turnaround